Amidst the rising criticism, USTR purchased Bitcoin with preferred shares.

Michael Saylor's strategy company bought $1.05 billion worth of Bitcoin in the past seven days, marking the third consecutive week that the cryptocurrency fund management company has fully used preferred shares instead of common shares to finance the purchase of Bitcoin. According to a document submitted on Monday, Strategy company purchased 10,100 Bitcoins at an average price of $104,080 between June 9-15. This is the largest single purchase for the company in the past five weeks, bringing its total holdings to approximately $6.34 billion.